Nextracker completed the acquisition of Ojjo for $119m.

Nextracker, a provider of intelligent solar tracker and software solutions, completed the acquisition of Ojjo, a renewable energy company, for $119m. "We are thrilled to welcome Ojjo to Nextracker. Our customers greatly value proven integrated solutions to improve project design, simplify procurement, and reduce risk for their projects. This partnership builds on our successful product collaboration with Ojjo. Their team brings geotechnical products and expertise in foundation systems that are especially well-suited to rocky sites, with control system intellectual property that is broadly applicable to a range of equipment. This acquisition furthers our successful global tracker foundation business with next-generation, differentiated technology," Dan Shugar, Nextracker Founder and CEO.